Daily Pulse

Tuesday, September 8, 2026 · measured after the close · a past session — jump to the latest

Market regime: Risk-Off · universe tone 29% bullish / 44% bearish

The tape: Trending — trending tape — hedge pairs tested at full strength here; the board runs hot what this means ▸

XLE LeadingXLK LeadingXLF WeakeningXLV WeakeningXLC LaggingXLP LaggingXLI LaggingXLY Lagging

Signal events

Market regime shifted: Cautious → Risk-Off

Tide change — tailwinds and headwinds just moved

New hedge idea — Long NVDA / Short CIEN

Technology · Δ62 · both legs fresh

New hedge idea — Long INTC / Short CIEN

Technology · Δ59 · both legs fresh

6 pairs left Hedge Ideas

mostly leader faded ? — META/TTWO, GM/NKE, AAPL/ENPH, AAPL/AKAM, GM/LOW, C/BLK · worth a review if you took one (tested exit: a 3-day Narrowing run)

TSM — confirmed strength

Alpha 77, still building · Technology

SHOP — confirmed weakness

Alpha 22, still bleeding · avoid / underweight

SPOT strength run ended

Momentum cooling — the early reduce warning

PFE strength run ended

Momentum cooling — the early reduce warning

AXON — confirmed weakness

Alpha 24, still bleeding · avoid / underweight

FSLR weakness run ended

Pressure lifting

Hedge ideas on the board

Long NVDA / Short CIEN Technology · Δ62 · Widening↗

Long INTC / Short CIEN Technology · Δ59 · Widening↗

Long META / Short GOOGL Comm Services · Δ55 · Widening↗

Long WFC / Short AXP Financials · Δ54 · Widening↗

Long C / Short AXP Financials · Δ51 · Widening↗

Long WFC / Short BLK Financials · Δ51 · Widening↗

Leaders & laggards by Alpha

89DEDeere↗ 85BBYBest Buy↗ 81RBLXRoblox↗ 81SNDKSanDisk↗ 81NBISNebius↗

11STZConstellation Brands↗ 13ISRGIntuitive Surgical↗ 13CIENCiena↗ 13CCLCarnival↗ 16COSTCostco↗

← 2026-09-042026-09-09 →

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Analytical tools and historical measurements for educational and informational purposes only — not investment advice or a recommendation. Past behavior, including backtested results, does not guarantee future outcomes. · Operator's Manual · Are you an AI? · © 2026 TradeMath